NURSING HOME ADVOCATES DEMONSTRATE AGAINST CARYLE
Caregivers and advocates for seniors arrived in D.C. held a demonstration on Monday outside the headquarters of private equity giant The Carlyle Group, which is taking over nursing home chain Manor Care Inc. for $6.3 billion. Nursing home workers, family members of patients and seniors advocates spoke about the need for safe staffing levels and improved care. On Tuesday, they plan to visit Capitol Hill and lobby Congress to hold hearings on private equity ownership of nursing homes.
Ohio-based Manor Care runs about a dozen nursing homes in the Washington area and hundreds more nationwide. Manor Care also owns and operates nursing homes in Richmond, Fairfax, and Virginia Beach, Virginia.
My take – Carlyle will squeeze the profit and life out of each and every nursing home purchased ….leaving the residents as victims!